The statement is false. Unfortunately, evidence that actively managed funds can consistently outperform their relevant index is difficult to find. It's even more challenging for an individual investor to identify which actively managed fund will outperform the index in a given year.
Yes, you may be able to beat the market, but with investment fees, taxes, and human emotion working against you, you're more likely to do so through luck than skill. If you can merely match the S&P 500, minus a small fee, you'll be doing better than most investors.
Mutual funds are actively managed by an investment professional, while index funds are more passive. Mutual funds come with much higher fees than index funds, which can cut into your potential gains.
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Answer:
Plato believed that the aristocracy would allow only people with the right intellect to rule the country efficiently. He believed that aristocracy was the combination of wisdom and virtue and that this is reserved for only a limited number of noble citizens who have full access to the highest quality education.
Explanation:
The aristocracy is a way of establishing a national government through specific people in society who would have all the power of governance in a country. These people would be chosen through noble lineage and wealth.
Aristoteles and Plato were great supporters of these systems, as they believed that only people with full access to quality education would have sufficient ethical and moral intellect to be a head of government. Only nobles had this access.
These philosophers believed that the aristocracy was much better than democracy, because democracy gave freedom to anyone to stand for political office, in addition to allowing people who had no access to education and therefore a "low intellect" to choose those who would represent the government.
Although today, some people believe that the aristocracy is a good form of government, we know that it is not right to believe that. This is because keeping a country's governance power in the hands of a single family, where the post of head of state is chosen through a lineage is very dangerous.
Democracy allows us to remove tyrannical and inefficient leaders from power and choose that candidate who represents ideas that will benefit the country and lead its people to advance.
I can give you my take on it:
In command economies the quantity and more importantly the prize of the products is decided by the government and not by the people in production. As a result, people in the production can't have the motivation of producing more, as they won't benefit from it. So command economy encourages low motivation among the workers (i believe this was the case in the Eastern Block)
Answer:the U.S. constitution preamble sets the stage for the constitution. It clearly communicates the intentions of the framers and the purpose of the document. The preamble is an introduction to the highest law of the land it is not the law. It does not define government powers or individual rights.
Explanation:
